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The Ethereum Pectra upgrade goes live on May 7, bringing improved account features, better validator experience, and L2 support. Will it boost ETH’s price? Share your thoughts, predictions, and trading strategy with #Ethereum Pectra Upgrade# for a chance to win $50!
⏰ Event Time: May 6, 4:00 AM - May 7, 4:00 AM (UTC)
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BTC-Direction: Mainly go long first, then short as a supplement, real-time lead in copy trading price in the live channel as the standard.
Space: Support near 93200-92500 for long, resistance near 95900-95500 for short.
Reason: The daily line has changed from support to around 91500, and after the low point is raised, it becomes support. Beware of a significant rebound near 96900; today's position is very high, with a large range of fluctuations up and down.
On Sunday, adjustments will be made to first focus on high short positions, then on low long positions.
Strong above 93400 today, weak below.
Key point: Be sure to use a stop loss based on shape at the "recent low or high point". No order without reason, no order without signal.
ETH - Direction: primarily long with a short position as a supplement, real-time lead in copy trading price in the live channel as the standard.
Space: Support around 1700-1730 for long positions, resistance around 1850-1880 for short positions.
Reason: Pressure near 1870 on the daily chart, support around 1700, moving back and forth within a large range, Bitcoin is still at a high position, Ethereum is lagging slightly, and will catch up later.
Key point: Always set a stop loss based on the shape "recent low or high point". Do not place an order without reason, and do not place an order without a signal.
Wishing everyone happy trading 4.27